Bridgestone Motorsport has announced that it is to become the Official Tyre Supplier to the newly launched GP2 single-seater racing series which is due to commence in 2005.

Director of Bridgestone Motorsport, Mr. Hiroshi Yasukawa said: "Bridgestone is extremely proud to have been chosen by the GP2 Series organisers as the official tyre supplier. It is a wonderful opportunity for Bridgestone's tyre engineers to play a greater role in the education and training of young drivers as they aspire to become our future world champions. As supplier of tyres to the past six consecutive FIA Formula One World Drivers' and Constructors' Champions, we recognise the importance of nurturing talent and we look forward to working with the next generation of Formula One Grand Prix drivers as they develop their skills and technical knowledge in the GP2 Series."

In addition to recognising the importance of the GP2 Series itself, Bridgestone is fully aware of the high costs involved in racing and is therefore pleased to confirm that the supply of Bridgestone's GP2 tyres will be included as part of the competitive package offered to teams taking part in the series. Furthermore, the GP2 Series organisers will present to the overall winning driver of the category a sum of US$100,000 which is to be known as the 'Bridgestone Prize'.

The GP2 Series is set to become the final step on the ladder before entering the FIA Formula One World Championship, providing ambitious racing drivers with a clear route to the pinnacle of single-seater racing. Combining the best of Renault power and identical Dallara chassis, it is expected to be a highly competitive series as drivers will step up from the junior categories into the GP2 Series where they will learn the skills necessary to become a Formula One driver.